US HB427 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 25 2011 - 25% progression, died in chamber
Action: 2011-05-11 - Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2011 - 25% progression, died in chamber
Action: 2011-05-11 - Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to classify any computer-based gambling machine, including slot machines and video lottery terminals, as five-year property for depreciation purposes.
Title
To amend the Internal Revenue Code of 1986 to provide a 5-year recovery period for computer-based gambling machines.
Sponsors
| Sen. Dean Heller [R-NV] | Rep. Mark Amodei [R-NV] | Rep. Shelley Berkley [D-NV] | Rep. Joseph Heck [R-NV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-11 | House | Ms. Berkley asked unanimous consent to be the first sponsor of H.R. 427, and to have the authority to add co-sponsors. Agreed to without objection. |
| 2011-01-25 | House | Referred to the House Committee on Ways and Means. |
Subjects
Business investment and capital
Computers and information technology
Gambling
Income tax deductions
Taxation
Computers and information technology
Gambling
Income tax deductions
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/427/all-info |
| Text | https://www.congress.gov/112/bills/hr427/BILLS-112hr427ih.pdf |
